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IAMGOLD Reports Additional Positive Results from Its 2020 Resource Delineation Drilling on the Gosselin Gold Zone - Côté Gold Joint Venture Project
Toronto, Ontario--(Newsfile Corp. - March 8, 2021) - IAMGOLD Corporation (TSX: IMG) (NYSE: I...
About this update from Iamgold Corporation
[{"type":"text","content":"IAMGOLD Reports Additional Positive Results from Its 2020 Resource Delineation Drilling on the Gosselin Gold Zone - Côté Gold Joint Venture ProjectToronto, Ontario--(Newsfile Corp. - March 8, 2021) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) (\"IAMGOLD\" or the \"Company\") is pleased to announce additional assay results from its delineation diamond drilling program at the Gosselin Zone discovery, located approximately 1.5 kilometres northeast of the Côté Gold deposit. The Gosselin delineation drilling program is being undertaken as part of the Côté Gold Joint Venture Project, a 70:30 joint venture between IAMGOLD and Sumitomo Metal Mining Co., Ltd. (\"SMM\"). Côté, located 125 km southwest of Timmins and 175 km north of Sudbury, Ontario, Canada, is currently under construction with first gold production anticipated in the second half of 2023 (see news release dated July 21, 2020).In January 2021, IAMGOLD reported the completion of thirty-three (33) diamond drill holes totaling 13,735 metres as part of the resource delineation drilling program, completed between the fourth quarter 2019 and early December 2020. Assay results previously reported from the first twenty-four (24) diamond drill holes totaling 10,049 metres confirmed the continuity of broad gold bearing mineralized intervals associated with the Gosselin Zone (see news release dated January 21, 2021). IAMGOLD is now reporting final assay results from the remaining nine (9) diamond drill holes totaling 3,686 metres. One drill hole was completed on Three Ducks Lake from a barge-based platform and eight (8) drill holes were completed from land-based drill pads on the Young-Shannon peninsula.The assay results reported herein are provided in Table 1, below, and include the following highlights (see plan map attached to this news release for drill hole locations - figure 1):•     Drill hole GOS20-55:81.0 metres grading 1.34 g/t Au   and:103.0 metres grading 1.44 g/t Au     •     Drill hole GOS19-56:115.0 metres grading 0.95 g/t Au       •     Drill hole GOS20-57:37.2 metres grading 1.40 g/t Au and:101.6 metres grading 1.86 g/t Au    •     Drill hole GOS20-61:16...